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Restaurant Seeking Loan in Bhubaneswar, India

Restaurant serving veg food and receiving 100-150 customers daily seeks a loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 21 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants
Locations  Bhubaneswar
Local Time 12:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.8 thousand for 9.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: Expansion of business & to start another outlet.
Collateral Available: USD 17.7 thousand
Includes physical assets worth USD 3.54 thousand
Interested to connect with advisors
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Business Name
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Documents
FSSAI License
Business Overview
- We receive around 100-150 customers daily.
- The seating capacity is 20 seating pax.
- Customers are enjoying with us from the beginning of our experimental business strategy.
- Have 5 employees working who multitask.
- We provide quality food at an affordable price.
- Have a strong customer base who keep coming back for more.
Products & Services Overview
Sandwich, pizza, smoke (biscuit, mocktail), milkshake, chingari chai & Turkish coffee, heartbreak pizza, Chinese, Tandoor. & mocktail.
Assets Overview
Tangible - A tin cabin, operational equipment such as a microwave, griller, and deep freezer.
Intangible - high footfall location, a good customer base with open space interior.
Facilities Overview
The restaurant is located in the center of the city on a 100 sqft area with very minimal rent.
Capitalization Overview
- Business has 1 owner with 100% ownership.
- Business has a debt of INR 3 lakhs.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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